EVsmart: New Electric Vehicle Charging Station Incentives (pilot stage)
Customers of both Pepco and BGE can now take advantage of new rebates to help offset the cost of Electric Vehicle (EV) Charging Stations. The rebates are part of Pepco’s and BGE’s new EVsmart Program, which provides information, tools, and rebates to help customers make more informed energy decisions when it comes to transforming to cleaner transportation options. The EVsmart Program propels the progress of Maryland’s Air Quality and Chesapeake Bay goals, which include having 300,000 zero-emission vehicles (ZEVs) on the road by 2025. Through the new program, utilities provide vehicle charger rebates for both homes and multifamily property owners.
- Residential – Pepco is offering rebates up to $300 for qualifying Maryland residential customers who install an eligible Level 2 smart charger at their single-family home after July 1, 2019.
- Multifamily – Property managers, owners, and even homeowners associations can take advantage of EV rebates up to $25,000 on qualified charging equipment installation of Level 2 smart chargers and for a 100% discount on charger station installation at the property.
- Residential – Customers can use this resource to receive rebates and incentives (up to $300) for installing an eligible Level 2 smart charger and adopting EV into their lifestyle with general EV information, finding and comparing available EV’s and charger stations and more.
- Multifamily – Property managers, owners and even homeowners associations may be eligible to receive incentives up to $25,000 for the installation of Level 2 smart chargers or DC fast chargers on their property.
There are several features of each utility’s EVsmart Program websites where Maryland customers can apply for EV charger rebates and explore the company’s EV toolkit, which allows customers to learn the basics of EV charging, such as use of a savings calculator to compare the cost of gas versus electric-powered vehicles, view available state and federal tax incentives, and locate local EV dealers and charging stations. The utilities will launch and operate their own EV charging networks in Maryland with the first installations by fall of this year (2019). Active EV drivers will be able to charge their vehicles at 250 Pepco-owned and 500 BGE-owned Level 2 smart chargers or DC Fast Chargers at competitive rates.